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US treasury to auction off $40 billion of 3 year notes at the top of the hour
The U.S. Treasury will auction off a $40 billion of the 3year notes at the top of the hour. The auction is the first of three this week. Tomorrow they will auction off at 10 year notes, and on Thursday they will auction off 30 year bonds.
The major six month averages of the major components shows:
- Bid to cover 2.56X
- Tail 0.3 basis points
- Directs (a measure of domestic demand) 18.9%
- Indirects (a measure of international demand) 60.1%
At the... Read More
Posted: Mar 7 2023, 17:55
Author Name: forexlive
Views: 110619